Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108
St. Joseph, MO    Thu, May 10, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
Cattle Priced So Far Today

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:    9,832    156,964       6,516      135,640      13,170      143,294
Live:         968     27,873       1,505       28,193       2,377       32,948
Total:     10,800    184,837       8,021      163,833      15,547      176,242

NEGOTIATED GRID NET:
Dressed:    3,130     19,018       2,065       14,226       1,656       20,029
Live:         329      4,755          86        4,460       1,160        6,791
Total:      3,459     23,773       2,151       18,686       2,816       26,820


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,606     64.8    767-949      857  190.05-197.69     192.00
65 - 80% Choice     825     65.0    724-951      821  177.17-196.58     189.94
35 - 65% Choice   2,147     64.6    663-941      816  183.41-196.25     189.40
 0 - 35% Choice   1,157     65.3    681-793      741  181.29-195.93     183.07
HEIFER
Over 80% Choice     383     62.5    747-847      782  191.55-196.18     195.26
65 - 80% Choice      43     63.7    786-786      786  195.28-195.28     195.28
35 - 65% Choice     220     65.1    684-770      724  187.29-195.10     190.88
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     415     61.5    695-887      752  188.94-202.29     191.94
65 - 80% Choice     571     62.1    627-873      779  185.10-195.17     190.70
35 - 65% Choice     171     64.2    819-826      824  192.00-192.56     192.43
 0 - 35% Choice     158     64.6    828-828      828  194.29-194.29     194.29
ALL STEERS & HEIFERS
                  7,696     64.3    627-951      803  177.17-202.29     189.82
MIXED STEER/HEIFER/COW
Over 80% Choice     306     65.5    720-852      751  192.25-196.79     193.33
65 - 80% Choice     462     64.8    805-811      807  195.76-196.66     196.06
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     390     60.5    736-849      802  179.95-196.74     185.82
65 - 80% Choice     467     62.2    753-866      848  180.78-189.57     187.91
35 - 65% Choice     511     61.6    790-878      833  183.00-189.64     186.70
 0 - 35% Choice                        -                    -


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice                        -                    -
65 - 80% Choice     417     63.9  1,140-1,280   1,258 117.00-120.50     119.94
35 - 65% Choice     313     64.2  1,240-1,275   1,263 120.50-122.97     121.86
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      56     64.0  1,200-1,200   1,200 120.50-120.50     120.50
65 - 80% Choice      70     63.7  1,100-1,100   1,100 120.00-120.00     120.00
35 - 65% Choice     112     64.3  1,200-1,200   1,200 123.12-123.12     123.12
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                    968     64.0  1,100-1,280   1,238 117.00-123.12     120.97
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
  No Reportable Trade.


NEGOTIATED GRID NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     190     63.1    780-854      805  191.03-199.32     193.82
65 - 80% Choice     196     62.3    701-808      755  194.86-195.17     195.02
35 - 65% Choice      90     64.2    716-716      716  184.79-184.79     184.79
 0 - 35% Choice     146     64.3    757-757      757  184.43-184.43     184.43
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     573     64.6    624-739      648  179.21-187.15     180.85
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     346     62.6    696-930      826  185.62-198.51     193.25
65 - 80% Choice      14     62.0    766-766      766  194.11-194.11     194.11
35 - 65% Choice      74     61.4    744-820      771  193.63-194.69     194.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,629     63.5    624-930      737  179.21-199.32     187.95
MIXED STEER/HEIFER/COW
Over 80% Choice     210     63.2    740-849      768  194.55-197.94     195.22
65 - 80% Choice     265     61.7    781-937      859  189.00-193.61     191.21
35 - 65% Choice     372     59.9    648-890      817  180.73-198.94     184.48
 0 - 35% Choice     465     59.9    745-979      904  167.51-184.98     177.07
DAIRYBRED STEER/HEIFER
Over 80% Choice      49     61.6    799-807      805  188.91-195.92     190.48
65 - 80% Choice      31     60.0    745-778      760  185.00-185.04     185.02
35 - 65% Choice     109     62.9    850-850      850  186.62-186.62     186.62
 0 - 35% Choice                        -                    -


NEGOTIATED GRID NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     329     62.7  1,360-1,360   1,360 121.85-121.85     121.85
 0 - 35% Choice                        -                    -
HEIFER
  No Reportable Trade.
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                    329     62.7  1,360-1,360   1,360 121.85-121.85     121.85
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
  No Reportable Trade.


Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678    email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews

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